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Dec 28, 2012
12/12
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FBC
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dagen: bob, what do you think of what's happening? washington? what happens in the bond market if recession becomes more likely? >> well, clearly, volatility kicks up a lot, and you're going to see decline in treasury yields and probably a rise in the spread differentials of corporate bonds and other credit backed bonds relative to treasuries so it's not going to be a pretty picture for our bond holder. you know, that said, they are ultimately going to fix this, by they will put us through hell in between. dagen: bob, looking at the -- all the classes of fixed income, the out performance over treasuries in all grades of corporates, even in municipal bonds, but particularly, you start looking at the lower grade corporate debt, and it looks really, really hitty so to speak. danger in owning that, say, high yield at this point? >> well, you're absolutely right. if you look inside of each of the categories, the lower rate, higher yielding paper substantially outperforms sometimes two to four percentage points. what i worry about in 2013, one of sever
dagen: bob, what do you think of what's happening? washington? what happens in the bond market if recession becomes more likely? >> well, clearly, volatility kicks up a lot, and you're going to see decline in treasury yields and probably a rise in the spread differentials of corporate bonds and other credit backed bonds relative to treasuries so it's not going to be a pretty picture for our bond holder. you know, that said, they are ultimately going to fix this, by they will put us...
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Dec 28, 2012
12/12
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FOXNEWSW
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bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you know, the house of representatives packed up its bags and went home. they are not even coming back until sunday night even though the clock is ticking. gregg: you call it a small deal. don't americans deserve something more than a small deal from what is arguably small politician stph-s. politicians? >> well when i say a small deal i don't mean an unimportant deal especially in fact as you've been reporting on january 1st people's taxes will start to go up, a big tax hike for middle class americans and others. the bill
bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you...
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maybe there should be a third term in order to sell even more weapons many dealers hi bob gone apocalypse scenario so the band there were no way. to start. actually started. any drastic changes happening anytime soon. so let us know what you think by logging on to altie dot com and giving us your opinion in the comments section. here and there was no. iran is holding a fresh round of naval drills in the strait of hormuz one of the world's busiest oil and gas shipping routes the six day war games come as the west systematically builds up pressure on iran over its nuclear program and they speculations of a military confrontation professor sayed mohammad marandi from the university of tehran has explained why the rains don't think and that talk is possible any time soon. in the sense that western countries are brutal and civilized enough to carry out an attack i think that that's clear to the iranians the fact that western countries are imposing sanctions and embargo on it on iran they're trying to prevent iran from even importing and exporting medicine and food stuffs by blocking the centra
maybe there should be a third term in order to sell even more weapons many dealers hi bob gone apocalypse scenario so the band there were no way. to start. actually started. any drastic changes happening anytime soon. so let us know what you think by logging on to altie dot com and giving us your opinion in the comments section. here and there was no. iran is holding a fresh round of naval drills in the strait of hormuz one of the world's busiest oil and gas shipping routes the six day war...
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Dec 28, 2012
12/12
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FOXNEWSW
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bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was this is a vindication for my generation, harris. so detail on his life, general scales, many people may not know. he was born in trenton, new jersey. in fact, his father fo
bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military...
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Dec 28, 2012
12/12
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WRC
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bob packer. you're a small business owner in herndon, virginia. tell me real quick, if there's no how will it affect your business? >> if tax rates income it will affect me a number of ways. it will hammer my ability to invest in equipment and hire new people. my individual tax rate will increase and that will put additional strain on an already financially-constrained environment and taxes will increase on my customers and that will prevent them from buying my products which reduces my revenue which, in turn, reduces the tax revenue. >> that being said, the small business owner community is very big but a lot of you guys know each other. what is the consensus? what is the talk among you guys about what's going on right now? >> i've worked with a lot of small business owners and i think really, a vast majority of those owners are in favor of keeping the tax cuts in place. they're also in favor of letting them expire on the wealthiest of vitds in this country and we think that's what's going to stimulate the economy. >> mr. packer we thank you for
bob packer. you're a small business owner in herndon, virginia. tell me real quick, if there's no how will it affect your business? >> if tax rates income it will affect me a number of ways. it will hammer my ability to invest in equipment and hire new people. my individual tax rate will increase and that will put additional strain on an already financially-constrained environment and taxes will increase on my customers and that will prevent them from buying my products which reduces my...
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Dec 28, 2012
12/12
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CSPAN2
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this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes, individual income taxes won't be going up next year. all the talk is about taxes but what we should talk about today is the medicare fiscal clef, the looming bankruptcy in the program that seniors depend upon to pay the medical bills for the millions of americans who are counting the days until they are eligible for medicare so they can afford the medicare bill, it would be a tragedy if when they get to that day there isn't enough money to pay the bills but according to the medicare trustees that day is coming soon. in 11 years in
this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes,...
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Dec 28, 2012
12/12
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FOXNEWSW
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>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that killed 16 people so far. it's moving up into the canadian area. canceled 1,000 flights for people returning home for the holidays and a bunch more were delayed. let's go to maria molina live in the weather center. >> thankfully that storm is exiting the northeast, lingering snow showers across maine. we have yet again another storm system that we're tracking across the center of the country and it's kind of disorganized now. you have one area of it. that's just producing snow across parts of the midwest and the great lakes, and then another section of it that's producing rain in areas further south. the snowfall a
>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that...